Here's a brief run-down of reports available in our research store that caught our eye over the past week or so...
While McLaren Automotive revealed the new MP4-12C Spider on July 3, there was a noticeable lack of and#8220;in-motionand#8221; film that automotive enthusiasts often crave.
The peace that has reigned over South Korea's historically volatile car industry in recent years is about to be shattered with the decision by union workers at both Hyundai and Kia to strike over pay and working conditions. It will be the first strike for some four years at Hyundai; 80% of the 44,000 Metal Workers' Union members at Hyundai voted for strike action. Kia hasn't had a strike for two years.
The chairman of Italian sports car maker De Tomaso, Gian Mario Rossignolo, and two other men were arrested in a probe into the misuse of 7.5 million euros ($9.2 million) of public funds, Italy's tax police said on Thursday.
The chairman of Italian sports car maker De Tomaso, Gian Mario Rossignolo, and two other men were arrested in a probe into the misuse of 7.5 million euros ($9.2 million) of public funds, Italy's tax police said today.
The lawn shone green under the European, Asian and American cars twinkling in the evening light as the campers strolled among them, opening and closing doors, inspecting sheetmetal and chatting with Autoweek editors.
PSA Peugeot Citroen is insisting today's announcement of 6,500 redundancies across two French plants will be enough to see it achieve break-even by the end of 2014
Iranian automaker IKCO said it would soon finalise a contract for the design and development of its first B segment platform.
For Hyundai, Moon Yong Moon's labor protests during the 1990s became such a nuisance that South Korea's largest carmaker laid him off three times. The strategy didn't work.
PSA has moved decisively to rationalise its European production capacity in the face of declining capacity utilisation and a slump in demand for small cars. Aulnay, maker of the Citroen C3, was an obvious weak point in the company's European manufacturing footprint.
French Economic Redevelopment Minister, Arnaud Montebourg, is to appear live on television this evening to be grilled on today's (12 July) dramatic announcement by PSA it is to slash an initial 6,500 jobs at its Aulnay and Rennes sites.
China's passenger-vehicle sales rose 16 percent to 1.28 million units in June as automakers increased shipments ahead of scheduled shutdowns for the summer, the China Association of Automobile Manufacturers said.
News
12 Jul, 2012
First pictures of the revised Mazda MX-5 have been released, ahead of its UK launch later this year
News
12 Jul, 2012
The Vauxhall Ampera is now available from less than £30,000, thanks to the addition of a new entry-level version
Automakers and dealers said an increase in Spain's sales tax to 21 percent from 18 percent will hit the country's flagging auto sales.
PSA Peugeot Citroen on Thursday said it would close its Aulnay small car plant in northern France in 2014 with the loss of 3,000 jobs but could transfer up to 1,500 to Poissy where small car production will be consolidated. It will also axe 1,400 of 5,600 posts at Rennes. Another 3,600 posts will be axed in corporate roles.
PSA faced mounting criticism in France today after the company said it would close its Aulnay car plant near Paris as the automaker struggles with mounting losses at its core automotive division.
French automaker PSA Peugeot Citroen, an alliance partner with General Motors, announced 8,000 job cuts and a plant closure as it struggles with mounting losses, a move that could spark more restructuring and political tension in austerity-strapped...
Europe needs a "car czar" to solve its problems and Lewis Booth is the right man for the job.
The Volvo V40 will be the first product introduced since China's Zhejiang Geely Holding Group bought the Swedish carmaker in 2010 and highlights the company's attempted transformation into a high-volume premium brand.